Popular Misconceptions Buyers Have About Down Payments

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August 10, 2015

HousingWire sets the record straight: 20 percent down payments aren’t the only option out there, and it’s notalways better to put down a big down payment.

These are among two of the four misconceptions many homebuyers have when it comes to one of the biggest barriers to homeownerhsip. “The Consumer Protection Financial Bureau found that nearly half of homebuyers don’t shop around for their home loan,” HousingWire reports.

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